From Liberal Orthodoxy to Illiberal Democracy: Hungary’s Turn Toward Financial Nationalism
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Kanbir,
Ö.
(ed.)
2025.
The Age of Economic Nationalism: The End of Globalization?.
Synopsis
As an element of economic policy, economic nationalism is defined today as a view that defends national economic interests against globalization and neoliberal policies across a wide range of areas, from the control of capital movements to monetary policies. Financial markets have also started to witness nationalist-themed practices, particularly after the 2008 global financial crisis. In this context, we frequently observe practices like localization in the banking system and nationalization in strategic sectors. In this study, the practices of economic and financial nationalism in Hungary, which has been governed by the nationalist Orban since 2010, have been historically evaluated.
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Copyright (c) 2025 Özgür Kanbir; Ali Kırıktaş- Özgür Kanbir- Mustafa Acar- Fatma Pınar Eşsiz- Jafar Babayev- Shamsi Rzali- Onur Oğuz- Burcu Yilmaz Şahin- Halit Levent Orman- Hasan Önder Sarıdoğan